Travancore National and Quilon Bank · merged · 1 September 1937
The Travancore National Bank (est
Paid-up capital + reserves Rs 28 lakh
1912) and the Quilon Bank (est. 1919) amalgamated
VerifiedOfficial record. Source: RBIH1 ch. 6
Vol. LXIIIThe edition of 1937 · War and Depression3 records
- Viceroy
- Lord Linlithgow
- Secretary of State
- Lord Zetland
- Finance Member
- Sir Percy James Grigg
- RBI Governors
- Sir Osborne Smith · Sir James Braid Taylor
The record for 1937 is thin. Figures and events not shown here have not been found in the sources, not been found to be zero.
Banking
1 itemReserve Bank of India · regulation · 1 January 1937
Reserve Bank of India: Under the RBI Act the Bank was obliged to accept deposits, make payments and manage the public debt "on behalf…
Under the RBI Act the Bank was obliged to accept deposits, make payments and manage the public debt "on behalf of such of the Indian States as were approved of and notified by the Governor General in Council", with a parallel power to act as the States' agent and to hold and deal in notified State securities; there was no reciprocal obligation on the States to bank with the RBI
VerifiedOfficial record. Source: RBIH1 ch. 3 p. 102 (RBI Act s.17(11))
